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China offers South Sudan ${esc.dollar}8 bln development funding

by Reuters
Saturday, 28 April 2012 15:48 GMT

JUBA, April 28 (Reuters) - China has offered South Sudan development funds of ${esc.dollar}8 billion for hydropower, infrastructure and agriculture projects, South Sudan's information minister told Reuters on Saturday.

"China has offered financial funding to the value of ${esc.dollar}8 billion for major development projects," Benjamin Barnaba said.

The projects will be conducted by Chinese companies, he said. (Reporting by Yara Bayoumy; Editing by Louise Ireland)

Our Standards: The Thomson Reuters Trust Principles.

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